Pakistan Petroleum Limited (PPL) has announced the discovery of new oil and gas reserves in Shah Bandar block situated in Sujawal district of Sindh.
The company revealed the details of the discovery in a formal communication to the Pakistan Stock Exchange (PSX).
According to the statement, the Jhamp East
The well’s natural reserves have a pressure of 2,800 pounds per square inch (PSI), as the extracted gas is processed at the Sujawal gas processing plant and integrated into the Sui Southern Gas Company system, improving gas supply natural in the region. .
The Shah Bandar block has a consortium of stakeholders, in which PPL holds a 63% stake, Mari Petroleum holds 32%, while Sindh Energy Holding and Government Holdings (Private) Limited each hold a 2.5 stake. %.
Earlier, Prime Minister Shehbaz Sharif has directed authorities to ensure continuous and reliable supply of gas to domestic consumers throughout the winter season.
Addressing concerns over reduced availability of gas to households, the Prime Minister called for immediate reforms to the supply system to permanently address these issues and reiterated that supplying gas to domestic consumers is a top priority for the government.
